Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms continued to enjoy a revival after a month-long rout, with confidence also boosted by the prospect of an imminent deal to reopen the Strait of Hormuz. After spending four weeks unloading their positions over fears that...
Asian stocks mostly sink as AI worries hammer tech
Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose further as the US and Iran continued to trade strikes. Regional investors were unable to build on a...